What Is The Overview Of The Global Gluten-Free Cereals Market?
Gluten-free cereals are breakfast foods made from grains and ingredients that do not contain gluten, a protein found in wheat, barley, and rye. These cereals are suitable for individuals with celiac disease, gluten intolerance, or those who choose to avoid gluten for dietary reasons.
Gluten-Free Cereals Global Market Report 2024 provides data on the global gluten-free cereals market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The gluten-free cereals market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.
What Are The Estimated Market Size And Expected Annual Growth Rates For Global Gluten-Free Cereals ?
The gluten-free cereals market has grown exponentially, expanding from $6.56 billion in 2023 to $7.26 billion in 2024 at a CAGR of 10.6%. Growth in recent years has been fueled by rising celiac disease prevalence, health and wellness trends, increased awareness of gluten-related disorders, and higher consumption of healthy foods. The market is expected to grow to $10.90 billion by 2028 at a CAGR of 10.7%, driven by health consciousness, demand for gluten-free products, and preferences among millennials. Trends include innovations in ingredient processing, packaging technologies, organic and non-GMO products, and efforts to lower product prices.
What Are The Leading Drivers Of Growth In The Gluten-Free Cereals Market?
The growing obese population is driving growth in the gluten-free cereal market. Obesity, defined by a BMI of 30 or higher, is increasing due to factors like processed diets, sedentary lifestyles, and limited access to healthy food options. Gluten-free cereals cater to the needs of this population by providing nutrient-dense, lower-calorie options that support digestive health and weight management. For instance, the National Library of Medicine reported in January 2024 that the global obese adult population was projected to grow from 800 million in 2020 to 1 billion by 2030. This trend is propelling the gluten-free cereal market.
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How Are The Segments Defined Within The Global Gluten-Free Cereals Market?
The gluten-free cereals market covered in this report is segmented –
1) By Type: Sorghum, Quinoa, Buckwheat, Amaranth, Teff, Corn, Brown Rice, Other Types
2) By Consumer : Adults, Kids
3) By Distribution Channel: Conventional Store, Hotels and Restaurants, Educational Institutes, Specialty Services, Hospitals And Drug Stores
How Are New Trends Expected To Influence The Growth Of The Gluten-Free Cereals Market?
Key players in the gluten-free cereals market are creating products like gluten-free corn cereal to meet the rising demand for allergen-friendly and nutritious options for children. Gluten-free corn cereal ensures essential nutrients while catering to dietary restrictions. In February 2023, Beech-Nut Baby Food, a U.S.-based baby food producer, launched Golden Corn Maize Cereal, a nutrient-rich and allergen-free corn-based cereal for infants, designed to be mixed with various liquids for a healthy start to solid foods.
Which Region Drives The Highest Growth In The Gluten-Free Cereals Market?
Asia-Pacific was the largest region in the gluten-free cereals Market in 2023. The regions covered in the gluten-free cereals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
